Life Income Fund (LIF)

• Although both require a minimum payment amount be withdrawn out of the plan each year, the LRIF imposes a maximum annual withdrawal.
• With a RRIF, you control the investments during your entire lifetime. With a LRIF (except in Quebec) you must purchase an immediate life annuity, which must include a 60% spousal survivor benefit, unless the spouse waives this requirement, by the end of the calendar year of your 80th birthday.

We can offer a number of investment solutions for your RRSP portfolio.

Signature Service LIF Account

It's a premium asset management service that's commission free and gives you access to all the services, advice and investment options you need to meet your financial goals.

Mutual Fund LIF

We offer an extensive selection of individual mutual funds from over 35 fund management companies with a full range of savings, income, and growth funds.

Managed Portfolio LIF

Building a diversified portfolio and constantly monitoring and adjusting it takes time and expertise.

Many investors are choosing an "All-In-One Fund Solution", it's an easy and effective way to handle the money management and asset mix.

GIC LIF

We offer RESP Guaranteed Investment Certificates (GICs) in terms ranging from 1 to 5 years.

With GICs providing guaranteed principal and interest, they make for an ideal portion of a diversified portfolio.

Self-Directed LIF

We offer a platform that offers all the available products under one plan with maximum flexibility to manage your investments.

Get independent thinking working for you ...

We encourage you to get professional advice when planning your investment portfolio and retirement income payments.

Contact us if you would like to receive more information or to open or transfer in your LRIF account to GP Wealth Management.

Open An Account